Multi-Tenant Retail Shopping
For Sale
Contact for pricing
10354 Lemoyne Blvd, Diberville, MS 39540
2019 construction, brick facade, and paved parking support a complementary tenant mix with full occupancy.
Property Size10,000 SF
Lot Size1.35 Acres
Price / SF$129.50
Days on Market8
Property Features for 10354 Lemoyne Blvd
General Information
Standard status
Active
Size
10,000 SF
Lot size
1.35 Acres
Property subtype
RETAIL
Zoning
C-2
Occupancy
100%
Net Operating Income
$109,124
Additional Details
Asking Price
$1,295,000
Building Details
Year Built
2019
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Molyneaux Group
(228) 273-1660
Listed By:
Douglas Molyneaux
(228) 273-1660
Source:
Moodyscre
Added: Jul 28
Changed: Jul 31
Last Checked: Aug 4 at 12:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Molyneaux Group
Investment Insights
Based on property information with market context.
10354 Lemoyne Boulevard is a multi-tenant retail shopping center constructed in 2019 on approximately 1.35 acres. The building features a brick facade, clean roofline, prominent signage exposure, and more than 20 striped front-row parking spaces, along with additional paved surface parking at the rear. The layout supports both customer-facing retail and back-of-house flex tenant operations.
The property is zoned C-2 General Commercial and is currently 100% leased to a complementary mix of three tenants. Its Lemoyne Boulevard frontage provides exposure to passing traffic, while the combination of front-row and rear parking accommodates retail customer access and tenant operational needs. The property is also located within 1 mile of many national retailers.
The property is zoned C-2 General Commercial and is currently 100% leased to a complementary mix of three tenants. Its Lemoyne Boulevard frontage provides exposure to passing traffic, while the combination of front-row and rear parking accommodates retail customer access and tenant operational needs. The property is also located within 1 mile of many national retailers.
Key Highlights
- 10,000 SF multi‑tenant retail building constructed in 2019
- Approximately 1.35 acres with C‑2 General Commercial zoning
- 100% leased to a complementary mix of three tenants
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.4k | $14.04 |
| − Vacancy | −$11.9k | −$1.19 |
| EGI | $128.5k | $12.85 |
| − OpEx | −$38.5k | −$3.85 |
| NOI | $89.9k | $8.99 |
10,000 SF · lease $14.04/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.50M
NOI $89,926 @ 7.0% cap · market cap 6.94%
Second Best
Flex RnD
$1.10M
$966.7K – $1.29M
NOI $77,332 @ 7.0% cap · market cap 5.97%
Theoretical Best
Healthcare Medical
$1.61M
$1.41M – $1.88M
NOI $112,770 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 39540, MS
12,707
Population
5,444
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
88%
High-School Grad
11.4 sq mi
ZIP Area
1,115
Density / Sq Mi
$65,712
Median Household Income
$41,129
Median Earnings
$1,177
Median Rent
$199,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - 2019 construction, brick facade, and paved parking support a complementary tenant mix with full occupancy.
Where is this shopping center located?
The property is located at 10354 Lemoyne Blvd Diberville, MS.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 10,000 SF multi‑tenant retail building constructed in 2019; Approximately 1.35 acres with C‑2 General Commercial zoning; 100% leased to a complementary mix of three tenants
